Why Ripple's U.S. Trust License Bid is a Massive Game-Changer for Its Stablecoin Ambitions

  • Ripple Labs is making a regulatory push that could reshape its stablecoin strategy. Ripple officially confirmed it had applied for a U.S. trust charter from the New York Department of Financial Services (NYDFS), a move that positions the firm to operate as a limited-purpose trust company.